NewMarket Technology, Inc. Announces $5.6 Million Contract to Provide Microsoft Managed Services

Tuesday August 26, 8:51 am ET

DALLAS, TX--(MARKET WIRE)--Aug 26, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKTE.OB - News) today announced an agreement to provide managed technology support services for a major telecommunication company in South America. The client has requested their information remain confidential. The $5.6 million contract calls for NewMarket to support the client's Microsoft infrastructure through the end of 2009. ADVERTISEMENT

NewMarket Technology provides services in South America through two regional subsidiaries -- UniOne Consulting in Brazil and Chile and RKM IT Solutions in Venezuela. RKM is a Microsoft Large Account Reseller and Enterprise Software Advisor (LAR/ESA) partner and UniOne is a leading Oracle partner.

Separately, NewMarket recently announced year-to-date results for its Latin American business of $12.6 million in profitable revenue with a regional goal of $30 million for 2008 through all its operations in Brazil, Chile and Venezuela. NewMarket globally reported $93.1 million in profitable revenue in 2007 across all Company operations.

NewMarket Managed Services

A few months ago, NewMarket announced a consolidation of the Company's global technology service operations to support the growth of the Company's recurring revenue business. NewMarket has a board base of recurring customers globally and is working to convert repeated customer business into recurring managed services revenue. Bruce Noller was named to lead the consolidated operations as the President of NewMarket Managed Services. The operations consolidated under NewMarket Managed Services account for approximately $70 million in annual revenue.

Since the consolidation, NewMarket has been allowed to announce two other managed service contracts:

-- $10.5 Million Managed Services Contract with Wireless Broadband Access (WBA) Telecommunications, S.A.

-- $4 Million Managed Services Contract with Telefonica's Movistar

Corporate Information and E-mail Updates

To learn more about NewMarket Technology's global technology services, please contact sales@newmarkettechnology.com  or 972-386-3372. To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@newmarkettechnology.com  or call 214-722-3065.

About NewMarket Technology, Inc. (www.newmarkettechnology.com) 

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.